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Dec 31, 2012
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and of course, president obama sort of continuing his public campaign to pressure congress, not only republicans, but also, democrats who have expressed skepticism about this deal and not getting enough in new revenues. the president saying, look, this is not a perfect deal, not grand bargain, the big deal they had initially hoping for and working on but it is a deal nonetheless and will prevent at least part of the fiscal cliff set to go in to effect in a matter of hours now. >> mike, we talk a lot here about the sequester, the income tax rates for the wealthy and other issues that need to be resolved or one on the table. one that's not on the table, the payroll tax extension is just gone. unemployment insurance extension looks like it's part of this. and medicare dock fix. you have any sense of two other things that obama's been looking for here? one is an extension of the expansion of the refundable tax credits of stimulus in 2009. these are things pushing for. if that's part of it and obama looking for at least some infrastructure, some stimulus spending. are any of those compone
and of course, president obama sort of continuing his public campaign to pressure congress, not only republicans, but also, democrats who have expressed skepticism about this deal and not getting enough in new revenues. the president saying, look, this is not a perfect deal, not grand bargain, the big deal they had initially hoping for and working on but it is a deal nonetheless and will prevent at least part of the fiscal cliff set to go in to effect in a matter of hours now. >> mike, we...
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Jan 1, 2013
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with just hours to go a deal emerges to avert the fiscal cliff, but can congress pass the measure in time? president obama says they can, we've got the latest from washington, on what could happen before the new year's day deadline. and wall street ends the year with a rally and healthy gains. s&p strategist sam stovall joins us with where he sees stocks headed in 2013. that and more tonight on "n.b.r."! washington lawmakers are getting close to a fiscal cliff deal, but they might not get it done before the midnight deadline tonight. the senate could vote in time, but it's possible the house will wait until tuesday. that means the u.s. could go over the fiscal cliff.
with just hours to go a deal emerges to avert the fiscal cliff, but can congress pass the measure in time? president obama says they can, we've got the latest from washington, on what could happen before the new year's day deadline. and wall street ends the year with a rally and healthy gains. s&p strategist sam stovall joins us with where he sees stocks headed in 2013. that and more tonight on "n.b.r."! washington lawmakers are getting close to a fiscal cliff deal, but they might...
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Dec 31, 2012
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what democrats in congress want is more money. that's what president obama is facing. a full second term of under very constrained circumstances. he wants more rev new. i think he also wants, as much as he feels like he has that sword over republicans, the fact is if the economy goes into recession, that is going to affect the prospects for a successful second term for him and n a profound way. >> congressman cummings, if i still have you, i'm interested in your take on this. i think some friction between even a democratic controlled white house and a democratic controlled house or a democratic controlled congress, there is some friction built in, whether it's a democrat, a democratic republican or a republican. mostly privately they said he didn't listen to us and care about the house. never searched in the house. how open are the liens of communication on the fiscal cliff between house democrats, yourself, leader pelosi, and the white house, whether it's president obama or vice president biden or senior level staff that you feel as though what you guys want and need
what democrats in congress want is more money. that's what president obama is facing. a full second term of under very constrained circumstances. he wants more rev new. i think he also wants, as much as he feels like he has that sword over republicans, the fact is if the economy goes into recession, that is going to affect the prospects for a successful second term for him and n a profound way. >> congressman cummings, if i still have you, i'm interested in your take on this. i think some...
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Dec 28, 2012
12/12
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so president obama agreed to extend the tax cuts for two more years in exchange for congress extending federal emergency unemployment benefits. those cuts are expensive. if they are extending by 2020, the bush era tax cuts will be responsible for more than half the total national debt. democrats insist that taxes go up for the wealthy but stay in place permanently for those earning less than $250,000 a year. >> we need to stop the job-killing tax hikes and we need to start it cutting spending now. >> republicans refuse to play ball. they say no higher rates on the rich, no tax hikes on anyone. based on an ideology that calls on government to be as small as possible. its roots are as old as american, but the main spokesman is this man, grover norquist, president of americans for tax reform. norquist's pledge signed by almost all republicans in congress forbids them from raising taxes ever under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the debt ceiling. without a deal, the u.s. would lo
so president obama agreed to extend the tax cuts for two more years in exchange for congress extending federal emergency unemployment benefits. those cuts are expensive. if they are extending by 2020, the bush era tax cuts will be responsible for more than half the total national debt. democrats insist that taxes go up for the wealthy but stay in place permanently for those earning less than $250,000 a year. >> we need to stop the job-killing tax hikes and we need to start it cutting...
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Dec 27, 2012
12/12
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he is now telling congress that the u.s. government will reach its borrowing limit by next monday, the 31st. remember how much fun the last debt ceiling fight was? well, that news comes as president obama rushes home to washington, cutting short his hawaiian vacation in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions of americans, including me! winter storm euclid -- what, are we naming snowstorms now? euclid. you can lid? well, euclid blanketed much of the eastern half of the country yesterday, dropping blizzard-like conditions and record snowfall in the midwest, and by late afternoon, euclid moved northeast, bringing traffic to a standstill, forcing the cancellation of more than 1,500 flights on one of the busiest travel days of the year. the weather channel's mike seidel has more on the massive christmas storm. >> reporter: a major snowstorm has
he is now telling congress that the u.s. government will reach its borrowing limit by next monday, the 31st. remember how much fun the last debt ceiling fight was? well, that news comes as president obama rushes home to washington, cutting short his hawaiian vacation in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions...
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Dec 30, 2012
12/12
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. -- congress. president obama says he's optimistic a compromise can be found. >>> across india today, a nationwide protest took a new heartbreaking direction. people across the country were already out in angry droves calling for justice in the wake of a brutal gang rape. then word today began to spread that the victim died in the hospital. a 23-year-old woman. six men were already held on rape charges. now they're charged with murder. >>> chuck hagel's name has been floated as president obama's potential choice for the next defense secretary. but some don't want to see the former republican senator and vietnam war vet get the position. some from his own party. this ad is in "the new york times" right here. and it says, hagel is wrong on gay rights, wrong on iran, wrong on israel. and the ad was placed by the law of cabin republicans, a group that represents gay republicans. clarke cooper is executive director. thanks for joining me, clarke. here's that ad. this ad speaks volumes. wouldn't your par
. -- congress. president obama says he's optimistic a compromise can be found. >>> across india today, a nationwide protest took a new heartbreaking direction. people across the country were already out in angry droves calling for justice in the wake of a brutal gang rape. then word today began to spread that the victim died in the hospital. a 23-year-old woman. six men were already held on rape charges. now they're charged with murder. >>> chuck hagel's name has been floated...
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Dec 24, 2012
12/12
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the past was that the obama administration saw absolutely no chance of getting this flew congress. president obama when he campaigned for his first term, said he would like to look at reveezing the assault weapons ban. the white house sent some gentle signal early on they might try to do that, and it was instantly clear that they backed away from it. the mere prospect of president obama's being elected caused a huge run on ammunition, police departments were almost running out of it. now many democrats think the situation is different because of newtown and the other mass shootings this year, so i guess we're going to find out whether past is prologue. things have -- things may have changed. we're going to have to see how much they have. >> senators kay bailey hutchison and mark warren yesterday segment nauling their willing tons talk about this, and most likely the conversation leading itself to do something about high magazine clips and what is defined as an assault weapon. is the climate right for a modernized assault weapons ban to pass through congress? especially if vice pres
the past was that the obama administration saw absolutely no chance of getting this flew congress. president obama when he campaigned for his first term, said he would like to look at reveezing the assault weapons ban. the white house sent some gentle signal early on they might try to do that, and it was instantly clear that they backed away from it. the mere prospect of president obama's being elected caused a huge run on ammunition, police departments were almost running out of it. now many...
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Jan 1, 2013
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he said from the beginning if obama wants it, why are we going to do it? at the end of the day congress can sit around but these directly affect us. as students, think about the division tax breaks, things will go away and affect my family. within i look at congress, i see it's shifted to one side. i don't know. i feel like they need to step up and make a compromise. with obama it's like a mandate, with the taxing the wealthiest americans, if he's elected which by a landslide, maybe they need to catch up and form and modernize the party. >> reporter: how much does the political posturing, how is that to watch this churn day after day for the past several days? >> it's rough. i was watching yesterday when the president spoke, hoping maybe they had come to some point. hearing him say we're close but not there yet, it's like these are things that directly affect americans and if this is your job, this in is why we elect you, it's waiting each day, it's kind of like -- it's cliff, though cliff is a misleading term it is a good term. it's like jumping over, wai
he said from the beginning if obama wants it, why are we going to do it? at the end of the day congress can sit around but these directly affect us. as students, think about the division tax breaks, things will go away and affect my family. within i look at congress, i see it's shifted to one side. i don't know. i feel like they need to step up and make a compromise. with obama it's like a mandate, with the taxing the wealthiest americans, if he's elected which by a landslide, maybe they need...
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Dec 29, 2012
12/12
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today president obama called on congress to agree on a compromise plan to protect the middle class. >>> the woman who went to prison for murdering the scarsdale diet doctor in 1990 has herself died. jean harris was 89. she was the doctor's longtime lover. he developed the famous fad, the diet in the 1980s, and harris said she found him treated on her and tried to commit suicide in front of him. they wrestled over a gun and he was shot. >>> former president george h.w. bush is getting better. he is reportedly singing with doctors and nurses in the houston hospital where he is at, although he is still in the intensive care unit. the senior bush has been in the hospital now for more than a month, but his family says that they are confident that he'll be out or released soon. >>> a cancer diagnosis didn't stop one man. in fact, at 79, it is spurring him on to achieve new goal as a marathon runner. >>> plus, no more nudity in san francisco. at least not in public. it is one of the most outrageous lawsuits of the year. and of course our legal guy will weigh in. announcer ] what if the next
today president obama called on congress to agree on a compromise plan to protect the middle class. >>> the woman who went to prison for murdering the scarsdale diet doctor in 1990 has herself died. jean harris was 89. she was the doctor's longtime lover. he developed the famous fad, the diet in the 1980s, and harris said she found him treated on her and tried to commit suicide in front of him. they wrestled over a gun and he was shot. >>> former president george h.w. bush is...
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Dec 31, 2012
12/12
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president obama is urging congress to do a number of things to pass a ban on assault weapons. . a ban on high capacity ammunition clips as well as to close the gun show loophole. he's also talked about wanting to make sure that mental health is an issue and that people have access to resources to deal with m mental health issues. as much access to mental health care as they would to a gun. >> these are just bruising battles on capitol hill. the gun lobby is organized. they are motivated. is there any reason to think this administration really is motivated to take on that kind of a fight? >> reporter: i think it's something personnel for president obama. that's really the sense that he's given. when he said this was the worst day of his presidency, you could see how much he was affected by this. he said when it comes to this task force, he wants recommendations by the new year. this is something he wants congress to deal with. i think it's still to be seen whether there's an appetite to deal with it in congress because the rhythm of the stories is it's a tragedy but the motivatio
president obama is urging congress to do a number of things to pass a ban on assault weapons. . a ban on high capacity ammunition clips as well as to close the gun show loophole. he's also talked about wanting to make sure that mental health is an issue and that people have access to resources to deal with m mental health issues. as much access to mental health care as they would to a gun. >> these are just bruising battles on capitol hill. the gun lobby is organized. they are motivated....
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Jan 1, 2013
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so people in congress, members of congress are saying e we definitely want her to testify. we want her to explain what happened. and then after that, theoretically, you could have the man whom president obama wants to be the next person in line to go through his nomination hearings and we could move forward. but look where we are. it's three weeks before the inauguration. time is really moving fast. >> had that's for sure. thanks so much. jill dougherty at the state department. >>>. wedding vows and not new year's resolutions are being recited today as another state allows same-sex marriages. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. >>> same-sex couples are now tying the knot in a new stat
so people in congress, members of congress are saying e we definitely want her to testify. we want her to explain what happened. and then after that, theoretically, you could have the man whom president obama wants to be the next person in line to go through his nomination hearings and we could move forward. but look where we are. it's three weeks before the inauguration. time is really moving fast. >> had that's for sure. thanks so much. jill dougherty at the state department....
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Dec 28, 2012
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. >> so this is a little bit of obama throwing it back in congress' court and saying, there should be a majority for this passing. but republicans are not going to -- they are going to be very, very cool to this today. >> let me ask you about the politics of this post january 1st. let's say nothing happens, they can't get a deal. it's now january 3rd. who wakes up in the more powerful political position to get what they want in a fiscal cliff deal? >> it's kind of a strange situation. most conservatives in the house want to go over the cliff because they want to vote to lower taxes and they will have the ability to do that once taxes go up after january 1st. >> it just sounds better. >> right. >> rather than i let your taxes go up. >> exactly. i think politically, though, all of the policy moves in the direction of the democrats, right? tax rates go up. big spending cuts at the pentagon. and all the polls show that the republicans are going to be blamed for all of this. so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy
. >> so this is a little bit of obama throwing it back in congress' court and saying, there should be a majority for this passing. but republicans are not going to -- they are going to be very, very cool to this today. >> let me ask you about the politics of this post january 1st. let's say nothing happens, they can't get a deal. it's now january 3rd. who wakes up in the more powerful political position to get what they want in a fiscal cliff deal? >> it's kind of a strange...
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Dec 27, 2012
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that will in turn cause the type of pressure on the new income in congress. it's interesting that we have the same with k. bailey hutchinson. what's gotten her is fleethat t will go home and obama will introduce his own package and they have nothing to do but accept it. or they get blamed for everything. >> can you recall a time in your life and your politics, a couple of years at least, a comparable level of incompetence in washington. >> the last four years. i spent some of the time over the holidays for my since reading about this. my overall reaction is groundhog day. it's the same issues. some of the same players and the same questions of spending and entitlements and taxation and debt ceiling. nothing has changed. what's depressing to me is we had four years or longer to wrestle with these issues and there is virtually no signs of progress. we have two more self-imposed ceilings. a u.s. government that sticks a gun to its head, but says we don't trust ourselves any more like normal people. even presidential commissions don't work. what we have to do is
that will in turn cause the type of pressure on the new income in congress. it's interesting that we have the same with k. bailey hutchinson. what's gotten her is fleethat t will go home and obama will introduce his own package and they have nothing to do but accept it. or they get blamed for everything. >> can you recall a time in your life and your politics, a couple of years at least, a comparable level of incompetence in washington. >> the last four years. i spent some of the...
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Dec 27, 2012
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also, president obama comes back from hawaii for the year's final showdown with congress. >>> and syria's government unleashes its most sophisticated weapons of the war. missiles from iran. we'd like to welcome our viewers here in the united states and around the world. wolf blitzer is off today. i'm candy crowley and you're in "the situation room." >>> i want to begin with a crisis you probably don't know is coming and, of course, is just about to hit. barring a last minute deal, union dock workers at more than a dozen major ports will go on strike this weekend. meaning just about everything we buy, from clothes to cars, can't be unloaded. the strike would impact 14 port along the eastern seaboard in gulf coast, including the port of baltimore and that's where we find cnn's brian todd live. the potential impact of this is pretty big. >> reporter: it's huge, candy. right here, this is one of the most crucial ports for commerce in this region. the sieger terminal. you can see massive container ships sitting in port. this is the port terminal with the bustling operations, containers still b
also, president obama comes back from hawaii for the year's final showdown with congress. >>> and syria's government unleashes its most sophisticated weapons of the war. missiles from iran. we'd like to welcome our viewers here in the united states and around the world. wolf blitzer is off today. i'm candy crowley and you're in "the situation room." >>> i want to begin with a crisis you probably don't know is coming and, of course, is just about to hit. barring a...